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<p>BOSTON (AP) — Massachusetts Sen. John Kerry is docking his family's new $7 million yacht in neighboring Rhode Island, allowing him to avoid paying roughly $500,000 in taxes to his cash-strapped home state.</p> <p>If the Isabel were kept at the 2008 Democratic presidential nominee's summer vacation home on Nantucket or in Boston Harbor near his city residence, he would be liable for $437,500 in one-time sales tax. He would also have to pay $70,000 in annual excise taxes.</p>

BOSTON – Massachusetts Sen. John Kerry is docking his family's new $7 million yacht in neighboring Rhode Island, allowing him to avoid paying roughly $500,000 in taxes to the cash-strapped Bay State. If the "Isabel" were kept at the 2008 Democratic presidential nominee's summer vacation home on Nantucket, or in Boston Harbor near his city residence, he would be liable for $437,500 in one-time sales tax. He would also have to pay $70,000 in annual excise taxes. Rhode Island repealed those taxes in 1993. That has made the state something of a nautical tax haven.

Sen. Kerry Predicts ‘Ice-Free Arctic' In '5 or 10 Years’ Friday, July 23, 2010 By Penny Starr, Senior Staff Writer (CNSNews.com) – Speaking at a town hall-style meeting promoting climate change legislation on Thursday, Sen. John Kerry (D-Mass.) predicted there will be “an ice-free Arctic” in five to 10 years.. “The arctic ice is disappearing faster than was predicted,” Kerry said. “And instead of waiting until 2030 or whenever it was to have an ice-free Arctic, we’re going to have one in five or 10 years.” However, the Web site of the National Oceanic and Atmospheric Administration says: “Using the...

Sen. John Kerry (D-Mass.) said after meeting with President Obama and other senators on Tuesday that he is ready to “scale back” the reach of energy legislation to get Republican support. “We believe we have compromised significantly, but we are prepared to compromise further,” he told reporters outside the White House. “If Republicans can step forward, we can find a place of compromise.” Kerry said that in the meeting with nearly two dozen senators of both parties, Obama was “very clear about putting a price on carbon” and curbing greenhouse gases. Sen. Joe Lieberman (I-Conn.) said Obama made an “effective...

President Obama’s attempt to turn the Deepwater Horizon disaster into an advertisement for alternative “green” energies and “cap and trade” legislation was so offensive that even Senator Diane Feinstein was forced to observe that “the climate bill isn’t going to stop the oil leak.” In a June 15 column published by the New York Times, Peter Baker took that analysis a bit further: “The connection to the spill, of course, goes only so far. While (Obama) called for more wind turbines and solar panels, for instance, neither fills gasoline tanks in cars and trucks, and so their expansion would not...

Contrary to what the Obama administration would have you believe, the biggest recipients of taxpayer funds during the financial crisis have not been Wall Street banks -- but the toxic twins, mortgage behemoths Fannie Mae and Freddie Mac. And the House and Senate are now finalizing legislation to reform the financial sector -- yet the bill will leave the biggest bailout recipients untouched. In fact, Fannie and Freddie are guaranteed to continue siphoning money from American taxpayers. That's right: The Democratic majority in Congress has made no attempt to reform these two entities, which have already cost us $145 billion....

Three Republican senators from states on the Gulf of Mexico have introduced a bill they say will make it easier for the United States to accept foreign ships to help the BP oil spill clean-up effort. Texas Senator Kay Bailey Hutchison joined with Florida Senator George LeMieux and John Cornyn of Texas to draft a bill that would temporarily suspend the Jones Act in the Gulf region, which they say is keeping foreign ships from offering aid. The 90-year-old law, which already includes a provision that allows waivers for foreign ships on a case-by-case basis, mandates that vessels may only...